Rueil-Malmaison, 4 August 2006
VINCI sells WFS to LBO France
VINCI has decided to accept LBO France’s offer of €315 million (enterprise value) for its
airport services as the next step in the sale process entered into in the first quarter of
VINCI’s business in airport services employs 11,000 people and generated revenue of
€505 million in 2005. Operations are mainly in Europe and the United States in the airline
company services sector.
The sale of these activities is part of the asset disposal programme announced by VINCI at
the time of its acquisition of ASF. It will reduce VINCI’s debt by around €300 million.
Following signature of the sale contract on 3 August 2006, closing should take place in
September once approval has been received from the various authorities concerned.
VINCI is withdrawing from airport services but continues to consider airport concessions as
a strategic activity, as was confirmed by the recent signature of the concession contract
for the Sihanoukville airport in Cambodia.
Investor Relations : Véronique Gilliéron Press contact : Virginie Christnacht
Tel. : 01 47 16 45 39 Tel. : 01 47 16 39 56
E-mail : firstname.lastname@example.org Fax : 01 47 16 33 88
This press release is available in French, English and German
on VINCI’s website: www.vinci.com